Roman Butler Fullerton & Co. Invests $504,000 in Expedia Group, Inc. $EXPE

Roman Butler Fullerton & Co. purchased a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,128 shares of the online travel company’s stock, valued at approximately $504,000.

Several other hedge funds have also added to or reduced their stakes in the company. Windacre Partnership LLC increased its position in Expedia Group by 9.2% in the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock worth $787,049,000 after purchasing an additional 309,900 shares during the period. AQR Capital Management LLC lifted its position in Expedia Group by 25.0% during the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after purchasing an additional 728,063 shares during the period. Invesco Ltd. lifted its position in Expedia Group by 8.0% during the 3rd quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock valued at $667,507,000 after purchasing an additional 230,176 shares during the period. Norges Bank bought a new position in shares of Expedia Group in the 4th quarter valued at about $861,979,000. Finally, Wellington Management Group LLP boosted its stake in shares of Expedia Group by 24,899.5% in the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after purchasing an additional 1,801,232 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Activity

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the transaction, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the completion of the sale, the insider owned 105,448 shares of the company’s stock, valued at $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 5.20% of the company’s stock.

Expedia Group Trading Up 2.9%

EXPE opened at $267.78 on Friday. The firm’s fifty day moving average is $237.62 and its two-hundred day moving average is $245.30. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. The firm has a market cap of $32.81 billion, a PE ratio of 23.57, a price-to-earnings-growth ratio of 0.68 and a beta of 1.23. Expedia Group, Inc. has a twelve month low of $174.05 and a twelve month high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same quarter in the previous year, the business earned $0.40 EPS. The firm’s revenue was up 14.7% on a year-over-year basis. Equities research analysts anticipate that Expedia Group, Inc. will post 16.98 EPS for the current year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were issued a dividend of $0.48 per share. The ex-dividend date was Thursday, May 28th. This represents a $1.92 annualized dividend and a yield of 0.7%. Expedia Group’s payout ratio is currently 16.90%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on EXPE shares. TD Cowen boosted their price target on shares of Expedia Group from $260.00 to $285.00 and gave the stock a “hold” rating in a research note on Wednesday, April 22nd. Gordon Haskett reduced their price objective on shares of Expedia Group from $320.00 to $290.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Susquehanna lifted their target price on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Weiss Ratings cut shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $240.00 price target on shares of Expedia Group in a research note on Monday, April 27th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $286.27.

Expedia Group Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.